SILVERADD (India) Market Value
| SILVERADD | 110.09 0.42 0.38% |
| Symbol | SILVERADD |
Please note, there is a significant difference between SILVERADD's value and its price as these two are different measures arrived at by different means. Investors typically determine if SILVERADD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SILVERADD's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
SILVERADD 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to SILVERADD's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of SILVERADD.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in SILVERADD on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding SILVERADD or generate 0.0% return on investment in SILVERADD over 90 days. SILVERADD is related to or competes with Associated Alcohols, City Union, United Breweries, Abans Financial, Zodiac Clothing, Allied Blenders, and Mangal Credit. SILVERADD is entity of India. It is traded as Stock on NSE exchange. More
SILVERADD Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SILVERADD's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess SILVERADD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.0698 | |||
| Maximum Drawdown | 5.08 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 2.68 |
SILVERADD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SILVERADD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SILVERADD's standard deviation. In reality, there are many statistical measures that can use SILVERADD historical prices to predict the future SILVERADD's volatility.| Risk Adjusted Performance | 0.1658 | |||
| Jensen Alpha | 0.2481 | |||
| Total Risk Alpha | 0.0361 | |||
| Sortino Ratio | 0.0771 | |||
| Treynor Ratio | (1.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SILVERADD's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
SILVERADD Backtested Returns
SILVERADD appears to be very steady, given 3 months investment horizon. SILVERADD owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2 % return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for SILVERADD, which you can use to evaluate the volatility of the company. Please review SILVERADD's risk adjusted performance of 0.1658, and Coefficient Of Variation of 573.77 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SILVERADD holds a performance score of 15. The entity has a beta of -0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SILVERADD are expected to decrease at a much lower rate. During the bear market, SILVERADD is likely to outperform the market. Please check SILVERADD's maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to make a quick decision on whether SILVERADD's existing price patterns will revert.
Auto-correlation | 0.71 |
Good predictability
SILVERADD has good predictability. Overlapping area represents the amount of predictability between SILVERADD time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SILVERADD price movement. The serial correlation of 0.71 indicates that around 71.0% of current SILVERADD price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 5.75 |
SILVERADD lagged returns against current returns
Autocorrelation, which is SILVERADD stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting SILVERADD's stock expected returns. We can calculate the autocorrelation of SILVERADD returns to help us make a trade decision. For example, suppose you find that SILVERADD has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
SILVERADD regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If SILVERADD stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SILVERADD stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SILVERADD stock over time.
Current vs Lagged Prices |
| Timeline |
SILVERADD Lagged Returns
When evaluating SILVERADD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SILVERADD stock have on its future price. SILVERADD autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, SILVERADD autocorrelation shows the relationship between SILVERADD stock current value and its past values and can show if there is a momentum factor associated with investing in SILVERADD.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in SILVERADD Stock
SILVERADD financial ratios help investors to determine whether SILVERADD Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SILVERADD with respect to the benefits of owning SILVERADD security.